Birdwatch Note Rating
2024-08-10 19:03:42 UTC - HELPFUL
Rated by Participant: 1749A41CA63D49663E39C4057D2C3F141B23A8F8AC380A30B231E571F2932F4C
Participant Details
Original Note:
Hindenburg, which has the backing of several investors, also makes financial bets that the stocks of the companies Mr. Anderson is targeting will fall after the firm issues its research. When the stocks do fall, Hindenburg makes its money in what is called a “short” trade https://www.nytimes.com/2021/08/16/business/short-seller-wall-street-scams-hindenburg.html
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